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Salesforce Inc

Salesforce to open new AI center in London in UK investment drive

by Ev Richard
Salesforce to open new AI center in London in UK investment drive

A Salesforce corporate logo hangs over the front door of the Salesforce Tower on January 22, 2024, in New York City. Gary Hershorn | Getty Images LONDON — Enterprise tech …

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Categories Technology

Databricks is buying data optimization startup Tabular

by Ev Richard
Databricks is buying data optimization startup Tabular

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks Data analytics software maker Databricks said in a …

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Categories Technology

A juggernaut of the market’s growth hit wall, buy these stocks

by Adrian Jhonsan
A juggernaut of the market’s growth hit wall, buy these stocks

We danced around it all week. We called out the many culprits for Salesforce’s weak quarterly results on Wednesday — and subsequent stock plunge — including an elongated sales cycle, …

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Categories World

Jobs data in spotlight next week. What to watch for in 3 labor reports

by Adrian Jhonsan
Jobs data in spotlight next week. What to watch for in 3 labor reports

Despite a late-session surge Friday, all three major U.S. stock indexes ended the holiday-shortened trading week in the red, putting an end to the Nasdaq Composite and S & P …

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Categories World

Software stocks got pummeled this week on troubling earnings reports

by Ev Richard
Software stocks got pummeled this week on troubling earnings reports

Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings …

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Categories Technology

MongoDB (MDB) Q1 earnings report 2025

by Ev Richard
MongoDB (MDB) Q1 earnings report 2025

MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 25% in extended trading on Thursday after the database software maker issued light guidance for the …

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Categories Technology

Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

by Milton Acorn
Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

An Exxon gas station sign is seen in the Brooklyn borough of New York City, on Oct. 6, 2023. Michael M. Santiago | Getty Images Four years ago, Exxon Mobil’s …

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Categories Science

Salesforce stock on pace for worst day since 2008

by Ev Richard
Salesforce stock on pace for worst day since 2008

Marc Benioff, co-chief executive officer of Salesforce.com Inc., speaks during a Bloomberg Television interview at the 2022 Dreamforce conference in San Francisco, California, US, on Thursday, Sept. 22, 2022. Benioff …

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Categories Technology

CRM, PATH, CPRI and more

by Adrian Jhonsan
CRM, PATH, CPRI and more

The logo for Salesforce is displayed on the Salesforce Tower in New York City on March 7, 2019. Brendan Mcdermid | Reuters Check out the companies making headlines in extended …

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Categories World

Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

by Milton Acorn
Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market …

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Categories Science
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